U.S. stocks ended the Aug. 5–9 trading week lower with the Dow Jones Industrial Average slipping 1.5% or 232.85 points to 15,425.51 amid ongoing speculation about when the Federal Reserve will start tapering off its stimulus program.
The holiday-shortened trading period wasn’t a typical one for the S&P/TSX Composite Index. While often the index will trend in line with the resource sector that makes up a large part of it, for this period the two moved in opposite…
The S&P/TSX Venture Composite Index continued to lose ground during the period, dropping roughly 3.47 points en route to close at 920.09. The Venture struggled mid-week over growing concerns over the expiry date of the U.S. Federal…
“Pink Sheets” aren’t nearly as much fun as they sound, at least in the world of penny stock investing. Mid-August saw the U.S. Federal Bureau of Investigation and the Royal Canadian Mounted Police team up to make seven arrests in New…
Mixed jobs data and comments from the U.S. Federal Reserve that it would keep buying US$85 billion per month in Treasury and mortgage securities were the main headlines during the trading week. Non-farm payrolls rose by 162,000 in July, which…
The S&P/TSX Composite Index was off 19 points to 12,603.25 for the period, as precious metal prices slumped and job numbers out of the U.S. disappointed market watchers.
The S&P/TSX Venture Composite Index put an end to its four-week winning streak, slipping 1.73 points during the trading session to close at 923.56 points.
TSX Short Positions Short positions outstanding at July 31/13 (with changes from July…
The S&P/TSX Composite Index was down 65 points to 12,647.90 for the period, as it was weighed down by earnings misses and weaker base metal prices.
Better-than-expected corporate earnings and optimism that the U.S. Federal Reserve would keep interest rates low propped up U.S. equities, and the Dow Jones Industrial Average edged up 15.09 points, or 0.10%, to finish the week at 15,558.83,…
The S&P/TSX Venture Composite Index capped off a four-week rally during the trading sessions, jumping 4.9 points en route to its highest close since June at 925.29 points. The Venture remained in the green despite a general decline in…
No one would describe aluminum’s recent pricing as strong. Since the beginning of the year the price of the metal has fallen roughly 14¢, and was trading at 82¢ per lb. at press time.
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